• search hit 38 of 42
Back to Result List

Unemployment Accounts and Employment Incentives

  • We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UAs) system. Under the UAs system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced-budget interpersonal redistributions among the UAs. At the end of their working lives, people could transfer the remaining balances on their UAs into their pensions. We present an analytical framework to analyse the incentive effects of UAs and calibrate our model for the high high-unemployment countries of Europe. Our results suggest that this policy reform would significantly change people's employment incentives and could achieve reductions in unemployment without reducing the level of support to the unemployed.

Export metadata

Additional Services

Share in Twitter Search Google Scholar
Metadaten
Document Type:Article
Language:English
Author(s):Alessio Brown, J. Michael Orszag, Dennis Snower
Parent Title (English):European Journal of Political Economy
Publication year:2008
Publishing Institution:Hertie School
First Page:587
Last Page:604
DOI:https://doi.org/10.1016/j.ejpoleco.2008.06.006
Release Date:2019/09/30
Tag:Unemployment benefits, Unemployment accounts, Redistribution, Employment, Unemployment
Volume:24
Issue:3
Licence of document (German):Metadaten / metadata
Verstanden ✔
Diese Webseite verwendet technisch erforderliche Session-Cookies. Durch die weitere Nutzung der Webseite stimmen Sie diesem zu. Unsere Datenschutzerklärung finden Sie hier.